Pandora Media Inc. announced Monday it will be acquiring key assets from music streaming service Rdio Inc. for $75 million US. It said in a press release that it will be acquiring technology and intellectual property, as well as hiring some employees, from Rdio and plans to expand Pandora’s listening experience by late 2016. “We are defining the next chapter of Pandora’s growth story,” Brian McAndrews, CEO at Pandora, said in the release. “Adding live music experiences through Ticketfly was a transformative step. Adding Rdio’s impressive technology and...
In North America, Netflix Inc. now accounts for 36.5 per cent of peak period, downloaded network traffic, a new report from network management provider Sandvine Inc. said, up from 34.9 per cent recorded in a similar report six months ago. Amazon Inc.’s over-the-top service, Amazon Instant Video, which accounts for 1.97 per cent of peak traffic, is “the leading paid OTT alternative video service in North America, without yet having a presence in Canada,” the report noted. “As 2015 progresses, it will be interesting to observe how the OTT video market changes as...
Media Technology Monitor (MTM), a project of CBC/Radio-Canada, said in report released Wednesday that the percentage of anglophones using "personalized" audio streaming services over the last year or so has been...
In the past six months, Canadians’ usage of streaming music services seems to have jumped, in a trend that’s not only good news for streaming services, but wireless companies as well. Nielsen Co. only began...
The Copyright Board of Canada issued a decision Friday that gives musicians and record companies a fraction of the money from webcasting that their collective had asked for. The board said in a news release that the tariff for non-interactive and semi-interactive webcasting would be 10.2 cents per 1,000 plays for...
OTTAWA — Lawyers representing two streaming music services told the Copyright Board of Canada in hearings this week that a request from the not-for-profit group that represents Canadian songwriters and music publishers to...
OTTAWA — Canada needs more online music streaming providers, though the regulatory environment here keeps them away, the president of Nettwerk Music Group told a parliamentary committee reviewing the music industry on Thursday. “Streaming should be a big component of that marketplace and the fact that it isn’t today is not acceptable, especially where you see countries like Sweden with 72 per cent of recorded music revenues coming from streaming,” Simon Mortimer-Lamb said from Vancouver by video link to the heritage committee meeting in Ottawa. He added:...
OTTAWA — Canada’s regulatory environment doesn’t promote technological innovation in the music industry, and that’s part of the reason why streaming services here are lagging...